SBA Loans for The Covery Franchises
Who actually funds The Covery SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2023–2024.
Top lenders funding The Covery SBA loans
Ranked by number of The Covery 7(a) loans approved since 2023.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | BayFirst National Bank | 1 | $863K | $863K |
| 1 | Eastern Bank | 1 | $469K | $469K |
| 1 | Newtek Bank, National Association | 1 | $1.0M | $1.0M |
Source: SBA FOIA 7(a) loan-level data, 2023–2024. Shows lenders with at least one approved The Covery loan in this period, ranked by loan count.
The Covery SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| MS | 1 | $1.0M | $1.0M |
| FL | 1 | $863K | $863K |
| MA | 1 | $469K | $469K |
The Covery SBA loans by year
How to use this
The lenders above have actually closed SBA 7(a) loans for The Covery franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in — we match your The Covery deal to a lender currently funding this brand.
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We know which lenders are actively funding The Covery deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).